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Subject to the terms and conditions provided in this Agreement, HARRIS herein agrees to supply <br />a computer system comprised of the components set forth in the attached Schedule "A." <br />In consideration of the mutual covenants herein, the parties hereto now agree as follows: <br />I • The recitals set forth above are confirmed to be true and incorporated into this <br />agreement. <br />2. This agreement shall continue in full force and effect and shall survive the supply, <br />delivery and installation of the system. <br />3. The system shall be composed of the application software set out in Schedule "A, " <br />attached hereto, which forms a part of this agreement. <br />4. The full and complete purchase price of the system as detailed in Schedule "A," <br />and State Tax, where applicable is: $60,000 <br />The purchase price shall be payable as follows: <br />Software: 50% <br />on date of contract signing <br />30% <br />of each package after training <br />20 % <br />of each package on Cut Over <br />For the purposes of this agreement, Cut Over shall be defined as the mutually agreed upon <br />date when THE CUSTOMER discontinues the use of their existing software application <br />in favor of the similar HARRIS Software Application. <br />5. The software will be installed after THE CUSTOMER has fully installed THE <br />CUSTOMER's HP9000 hardware. <br />6. THE CUSTOMER agrees that loss or damage to the system by fire, theft, or <br />misuse while in the possession of THE CUSTOMER, shall not relieve THE <br />CUSTOMER from making the payments provided for herein and should therefore <br />adequately insure the system. <br />